Markets Week Ahead: Nasdaq Slips, Gold Steadies, Central Banks on Tap
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The economic data and central bank calendars are packed full next week with a range of potentially market-moving releases. Five central banks will announce their latest monetary policy decisions, with the Bank of Japan the most interesting. Markets currently see a 40% chance that the BoJ will hike rates by 10 basis points as the latest Japanese wage negotiations show large hikes to workers’ pay across various industries.
Japanese Wages Rise to a 30-Year High, Fuelling BoJ Rate Speculation
Along with the central bank announcements, there are important data releases throughout the week with UK inflation, German Manufacturing PMIs, and Euro Area sentiment PMIs the standouts.
For all market-moving economic data and events, see the DailyFX Calendar
The US dollar rallied Thursday after the…
